Title: Aerospace Foam Market: Global and Regional Vendor Landscape & Forecast To 2024
1Aerospace Foam Market Price, Trends, Industry
Outlook Forecast 2017-2024
2Key Insights from Aerospace Foam Market
- Rising focus towards retrofitting of aircraft
interiors coupled with superior properties will
primarily drive the industry growth. These foams
offer enhanced performance in extreme
temperatures, and considerable reduction in air
leakage. Moreover, they provide superior
temperature insulation performance and sound
barrier. These benefits are likely to majorly
influence various end-user industries such as
commercial, military, and general aircrafts. - Fluctuation in raw material prices and limited
availability of these materials are expected to
hamper the industry growth over the next eight
years. Stringent government regulations regarding
curbing the harmful emissions from polyurethane
foam production. - Rising demand for single-aisle aircrafts in these
emerging regions will lead to increased
production of aircrafts suited for LCC airline
operators. The manufacturing process of new
aircrafts require metal foams, polyurethane, and
other foams.
3Continued...
- Aerospace foam market is segmented based on
end-users into commercial, military, and general
aviation. General aviation is anticipated to
dominate the industry over the forecast timeframe
owing to extensive usage of these aircrafts by
high net worth customers or for chartered flights
for business trips. - The industry is segmented based on materials into
polyurethane, metal, polyethylene, and melamine
foams. Polyurethane foam is anticipated to
capture highest share in the aerospace foam
market over the forecast timeframe. The high
revenue generation can be attributed to extensive
usage of these foams in developed countries of
North America. This foam is highly versatile and
is used across various applications including
airframes, interiors, packaging, and seating in
aerospace industry.
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5Major Companies in Aerospace Foam Market
- BASF
- Armacell
- Rogers
- Evonik
- SABIC
- ERG Materials and Aerospace
- Foam Partner
- Boyd
6Regional Insights in Aerospace Foam Market
- North America aerospace foam market is likely to
showcase dominance over the coming years.
Presence of established aerospace industry
leaders including Airbus North America, Boeing,
and Bombardier will primarily drive the regional
growth. These manufacturers majorly use
polyurethane foams to make aircraft interiors and
exteriors owing to their easy availability, low
price, and superior properties. Rising demand for
new generation aircrafts will positively impact
the consumption of aerospace foams, positively
impacting the industry size over the next eight
years.
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